My son Kyle is not a normal boy. This week he took up a teddy bear and hugged it, then brought it to me and ordered, “Hug.”
Overall market activity resulted from trading in 12 securities of which one advanced, three declined and eight traded firm. Trading activity on the first tier market registered a volume of 116,483 shares crossing the floor of the Exchange valued at $1,997,011.80. GraceKennedy Ltd was the volume leader with 40,300 shares changing hands for a value of $148,986.44, followed by Scotia Investments Jamaica Ltd with a volume of 21,000 shares being traded for $29,610.
Scotiabank T&T Ltd contributed 16,604 shares with a value of $1,213,880.55, while First Citizens Bank Ltd added 12,246 shares valued at $526,396.16. Republic Bank Ltd enjoyed the day’s sole price increase, climbing $0.01 to end the day at $116.19. Conversely, Clico Investment Fund suffered the day’s greatest loss, falling $0.23 to close at $22.27. It was the only active security on the mutual fund market, posting a volume of 251,793 shares valued at $5,608,658.21.